Farewell Favorites: Chevron
Do people move their companies out of San Francisco when the cost of doing business here becomes too great? You bet your ass people do. Corporate, ahem, citizen Chevron, a San Francisco institution whose history here dates to 1879, announced in September, 2001 that it was moving its headquarters to its Chevron Park campus and other facilities at Bishop Ranch in San Ramon, California. Out of more than 3,500 Bay Area employees, only 200 people will remain at Chevron's 575 Market Street location, seen here. Chevron began in San Francisco as the Pacific Coast Oil Company. In 1900 it was acquired by John D. Rockefeller's Standard Oil. The future Chevron was one of 34 independent companies created after the U.S. Supreme Court divided Standard Oil in anti-monopoly actions in 1911. A 1926 merger with the Pacific Oil Company created the Standard Oil Company of California. In 1984, the company acquired the Gulf Corporation and changed its name to Chevron Corp. 


Copyright 2001 Hank Donat
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